Three-month base metals prices on the London Metal Exchange were for the most part weaker during morning trading on Monday October 8. The exception was copper, whose price was up by 0.2% at $6,198 per tonne, while the rest of the complex was down by an average of 1.1% Although the Chinese market has reopened after the Golden Week holiday, volume has remained light with 3,361 lots traded as of 6:50...Read More

Good morning from Fastmarkets MB's offices in Asia as we bring you the latest news and pricing stories on Monday October 8....Read More

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The incredibly positive price action of many gold stocks relative to bullion continues to occur on days when bullion falls hard against the dollar, and when the stock market gets hit. That's impressive!Please click here now. Double-click to enlarge this key daily chart of GDX versus gold.There's a fabulous inverse head & shoulders bottom in play. I coined the phrase, "safehavenization of...Read More

Are you invested in Cameco Corp (TSX:CCO)(NYSE:CCJ)? If not, you may want to reconsider, as a recent announcement by the company could signal a massive shift for the uranium miner.For those that are unaware, Cameco is one of the world's largest uranium miners, and the company, much like the entire uranium industry, is traversing through a supply glut and prolonged weak demand. That weak demand c...Read More

Gold may have recently sunk to its lowest level since January 2017, but some gold miners are not only well-positioned to weather the downturn, but will continue to unlock value for investors. One miner that has surprisingly managed to turn its operations around is B2Gold Corp. (TSX:BTO)(NYSE:BTG).It recently emerged as a senior gold miner after bringing the Fekola mine in Mali online and completin...Read More

Gold has taken a hammering in recent says to see it tumble below the psychologically important US$1,200-per-ounce barrier and be trading at US$1,187 an ounce. This sees the yellow metal down by roughly 7% over the last year, and there are signs that it may weaken further in coming months.This isn't good news for gold miners, causing the VanEck Vectors Gold Miners ETF to plummet by 22% over that pe...Read More

The incredibly positive price action of many gold stocks relative to bullion continues to occur on days when bullion falls hard against the dollar, and when the stock market gets hit. That's impressive!Please click here now. Double-click to enlarge this key daily chart of GDX versus gold.There's a fabulous inverse head & shoulders bottom in play. I coined the phrase, "safehavenization of...Read More

Weekly Reports |Oct 09 2018The new agreement replacing NAFTA has swung focus onto the progress of the US government's deliberations on uranium policy.-First responses to US petition become public-New NAFTA deal unclear on uranium-Price trend remains to the upsideBy Greg PeelWhile the new trade agreement between the US, Canada and Mexico signed last week, replacing NAFTA, lifts tariffs on a number...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comOct 9, 2018 The incredibly positive price action of many gold stocks relative to bullion continues to occur on days when bullion falls hard against the dollar, and when the stock market gets hit.That's impressive!Please click here now.Double-click to enlarge this key daily chart of GDX ve...Read More

The IDM Mining Red Mountain Project exploration camp in the southern Golden Triangle region near Stewart, British Columbia. Photo by Ellsworth Dickson.IDM Mining Ltd. [IDM-TSXV; IDMMF-OTCQB] said Tuesday October 9 that it has secured a provincial Environmental Assessment Certificate for its development stage Red Mountain gold project in northern British Columbia.IDM Mining shares advanced on the n...Read More

Setting up the diamond drill on the Midas prospect in northern British Columbia. Source: Juggernaut Exploration Ltd.Juggernaut Exploration Ltd. [JUGR-TSXV] was active Tuesday October 9 after the company said exploratory drilling on its 100%-controlled Midas property in British Columbia has confirmed widespread near-surface polymetallic and gold mineralization in multiple drill holes targeting newl...Read More

Carnotite Mineralization found at ANIT. Source: Blue Sky Uranium Corp.Blue Sky Uranium Corp. [TSX-V: BSK, FSE: MAL2; OTC: BKUCF] is pleased to announce that results from the recently completed reverse circulation (RC) drilling program have confirmed the southern expansion of the Ivana Uranium-Vanadium deposit on its wholly-owned Amarillo Grande Uranium-Vanadium project in Rio Negro, Argentina.Anal...Read More

TORONTO - The energy, industrials and materials sectors on the Toronto Stock Exchange moved lower and weighed on Canada's main stock index in late-morning trading.The S&P/TSX composite index was down 73.73 points at 15,872.44.In New York, the Dow Jones industrial average was down 16.06 points at 26,470.72. The S&P 500 index was up 4.88 points at 2,889.31, while the Nasdaq composite was up 41.96 po...Read More

The market has become complacent. It only goes up year after year. The absolute devastation of the Great Recession is forgotten, as FANG stocks and a housing boom push portfolios higher. Speculation is rampant, with know-it-all 20-somethings chasing pot stocks and cryptocurrencies.But pride comes before the fall, and the fall is just around the corner...First of all, we are spending half a trillio...Read More

 CloseGain/LossGold $1190.10+$1.20Silver$14.40+$0.01XAU64.88-1.59%HUI141.35-1.73%GDM512.32-1.57%JSE Gold1065.89+33.27USD95.66-0.06Euro114.96+0.02Yen88.56+0.06Oil$74.96+$0.6710-Year3.203%-0.027T-Bond137.75+0.71875Dow26430.57-0.21%Nasdaq7738.02+0.03%S&P2880.34-0.14%  The Metals: Gold edged up to $1191.80 in Asia before it dropped back to $1183.50 at about 9:45AM EST, but it t...Read More

By Ira EpsteinWill gold's consolidation ever end?https://www.iraepstein.com/ Read More

By Daniel R. Amerman, CFATwo important financial cycles are currently converging for the first time in more than ten years, and how they work in combination can provide key information about the future value of our retirement portfolios, the future prices of our homes, and even when the next recession may hit.A continuing cycle of interest rate increases by the Federal Reserve has pushed Fed Fun...Read More

By Ricky WenThe first week of October morphed into an inside week within an inside month context, with the prior all-time high at 2947 repelling the advance and the Emini S&P 500 (ES) only reaching 2944.75. If you recall, heading into the week, the bull train was looking for an acceleration to continue its upside pattern towards 2960-2970, which means the bulls ultimately failed their immediate...Read More

Graceland Updates By Stewart Thomson 1. The incredibly positive price action of many gold stocks relative to bullion continues to occur on days when bullion falls hard against the dollar, and when the stock market gets hit. That's impressive!2. Please click here now. Double-click to enlarge this key daily chart of GDX versus gold.3. There's a fabulous inverse head & shou...Read More